No statutory limit on security deposit amount (typically 1-2 months rent). Must return within 30 days of move-out. Can deduct for unpaid rent, damages beyond normal wear and tear, and lease violations. Must provide itemized list of deductions.
Amount
No legal limit. Standard is 1-2 months rent. Market rate competition sets expectations.
Return Timeline
Must return within 30 days of lease termination and move-out.
Permitted Deductions
Unpaid rent, damages beyond normal wear, cleaning beyond normal, lease breach.
Itemization
Must provide written, itemized list of all deductions with costs.
Best Practices
Document property condition with photos at move-in and move-out. Keep records for 4+ years.